Palantir Technologies(US:PLTR) 智通财经网·2025-08-21 00:15Group 1 - Palantir Technologies Inc. has experienced a significant decline in stock price, dropping over 17% since its historical high on August 12, resulting in a market value loss of more than $73 billion [1][4] - The recent downturn has led to over $1.6 billion in profits for short sellers, although this only partially offsets the $4.5 billion in losses incurred by short sellers earlier this year [1] - The stock has become the worst performer in the S&P 500 index over the past six trading days, yet it still boasts a remarkable 106% increase in 2025 [1] Group 2 - The valuation of Palantir has reached extremely high levels, prompting many short sellers to abandon their positions due to the stock's relentless upward momentum [4] - The percentage of shares sold short has decreased from nearly 5% a year ago to about 2.5%, indicating that short sellers have been forced to cover their positions as the stock price rose [4] - The recent sell-off in Palantir is part of a broader trend affecting major tech stocks, with investors shifting towards lower-valued sectors as high-beta stocks face significant declines [4] Group 3 - The primary drivers of Palantir's earlier price increase were bullish investors, but short positions have begun to rise again as the stock shows signs of fatigue [5] - Since early June, short positions have increased by approximately 10 million shares, indicating a renewed interest in shorting the stock [5] - Market professionals predict that any signs of a rebound in Palantir's stock price could lead to a resurgence of short selling, as the stock has exhibited a downward trend [5]